Fogo mainnet back online after recovery of 237 million stolen tokens

Fogo has restarted its mainnet after recovering and permanently removing 237 million of the 400 million FOGO tokens stolen in a security incident that forced the Layer 1 blockchain to halt operations. Summary Fogo has restarted its mainnet after a security incident involving 400 million FOGO tokens forced the Layer 1 blockchain to halt operations. The project recovered 237 million FOGO tokens and permanently removed them from the total supply. Another 163 million FOGO remain unrecovered, with Fogo working with centralized exchanges and law enforcement to trace the affected assets. Fogo has yet to disclose how the Foundation was compromised, with its investigation into the incident still ongoing. Fogo said in its latest update that the mainnet was operating normally again, while efforts to recover the remaining affected tokens were continuing with centralized exchanges and law enforcement. Fogo Mainnet has been restarted and is operating normally.400 million FOGO tokens were stolen in the incident. 237 million FOGO tokens were recovered and have been permanently removed from the total supply.Efforts to recover the remaining affected assets are ongoing with CEXs…— Fogo (@fogo) Septem...